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Luxembourg - Wind Powered Generating Sets - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLuxembourg: Wind Powered Generator Market 2024
Wind Powered Generator Market Size in Luxembourg
The Luxembourg wind powered generator market reduced notably to $X in 2021, dropping by -26.3% against the previous year. Overall, consumption, however, saw significant growth. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.
Wind Powered Generator Production in Luxembourg
In value terms, wind powered generator production declined slightly to $X in 2021 estimated in export price. Over the period under review, the total production indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -11.9% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 45% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.
Wind Powered Generator Exports
Exports from Luxembourg
In 2019, wind powered generator exports from Luxembourg skyrocketed to X units, with an increase of 100% on 2018. Overall, exports, however, saw a sharp reduction. The pace of growth appeared the most rapid in 2017 when exports increased by 1,350% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2019, the exports remained at a lower figure.
In value terms, wind powered generator exports soared to $X in 2019. Over the period under review, exports, however, continue to indicate a sharp curtailment. The growth pace was the most rapid in 2015 when exports increased by 3,492%. The exports peaked at $X in 2012; however, from 2013 to 2019, the exports failed to regain momentum.
Exports by Country
Belgium (X units) and France (X units) were the main destinations of wind powered generator exports from Luxembourg.
From 2012 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of -36.9%).
In value terms, Belgium ($X) remains the key foreign market for wind powered generating sets exports from Luxembourg, comprising 70% of total exports. The second position in the ranking was taken by France ($X), with a 13% share of total exports.
From 2012 to 2019, the average annual rate of growth in terms of value to Belgium totaled -38.3%.
Export Prices by Country
The average wind powered generator export price stood at $X per unit in 2019, with an increase of 41% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2019, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to France stood at $X per unit.
From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to France (+24.4%).
Wind Powered Generator Imports
Imports into Luxembourg
In 2021, after two years of growth, there was significant decline in overseas purchases of wind powered generating sets, when their volume decreased by -90.5% to X units. Overall, imports faced a deep setback. The pace of growth was the most pronounced in 2017 with an increase of 1,000%. Imports peaked at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.
In value terms, wind powered generator imports declined remarkably to $X in 2021. Over the period under review, imports saw a sharp contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 19,182% against the previous year. Imports peaked at $X in 2020, and then dropped markedly in the following year.
Imports by Country
In 2021, China (X units) was the main supplier of wind powered generator to Luxembourg, accounting for a approx. 100% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from China amounted to -8.3%.
In value terms, Germany ($X) constituted the largest supplier of wind powered generating sets to Luxembourg, comprising 75% of total imports. The second position in the ranking was held by China ($X), with a 25% share of total imports.
From 2012 to 2021, the average annual growth rate of value from Germany stood at -10.5%.
Import Prices by Country
The average wind powered generator import price stood at $X per unit in 2021, shrinking by -98.4% against the previous year. Overall, the import price recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 1,653%. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to +61.5% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wind powered generator market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28112400 - Generating sets, wind-powered
Country coverage:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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